CITIC Securities: Wholly-owned subsidiary plans to invest 200 million in a 1 billion industrial fund.

Bank of China Securities announced that its wholly-owned subsidiary, Bank of China Capital Investment and Control, plans to jointly invest with related parties Bank of China Assets and its wholly-owned subsidiary Bank of China Capital Private Equity and other investors in establishing Beijing Pioneer Fund, with a targeted initial contribution size of no less than 10 billion yuan. Bank of China Capital Investment and Control plans to contribute 2 billion yuan, while Bank of China Capital Private Equity and its parent company Bank of China Assets plan to jointly contribute 3 billion yuan. The fund has a duration of 10 years and will focus on the artificial intelligence industry chain. On January 28, 2026, the company's board of directors approved the proposal, and this related party transaction does not constitute a major asset restructuring, therefore no shareholder meeting approval is required.